MODEL Y

Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits.

Tesla is recalling more than 300,000 vehicles in the U.S. because a software glitch can make taillights go off intermittently, increasing the risk of a collision.

Tesla cut the price of its Model 3 and Model Y in China, partly reversing price hikes earlier in the year.

Xpeng President Brian Gu said one of the vehicles will launch in the first half of next year and can be considered a "strong competitor" to Tesla's Model Y.

The standard China-made Model Y now costs 316,900 yuan ($49,932), up from the previous 301,840 yuan ($47,559) on Tuesday, according to data tracked by CNBC.

We explain how this new electric vehicle bumped the Model 3 from our annual Top PicksBy Jeff S. BartlettIn its annual Top Picks, Consumer Reports highlights the standout cars, SUVs, and trucks ac...

Tesla CEO Elon Musk is asking on Twitter whether he should sell 10% of his stock in the electric-vehicle company amid pressure in Washington to increase taxes on billionaires like him.

On today's show, CNBC.com markets reporter Yun Li explains the surge in lawsuits involving SPACs.

The Tesla Cybertruck would cost $1 million if it were built before a steady, high volume supply of batteries was available, Elon Musk said.

Tesla customers who were double-billed for their new cars said they appreciate the refund and apology, but some said it was too little, too late.

A Model Y vehicle displayed at a Tesla flagship store on Jan. 4, 2021 in Shanghai, China. Gao Yuwen | Visual China Group | Getty ImagesBEIJING — Tesla's Model Y is getting off to a solid start in China, less than three months since deliveries began. The mid-size SUV was the third best-selling electric car in February at 4,630 vehicles, according to data released Wednesday by the China Passenger Car Association. The Model Y was popular even though car sales typically fall during the week-long Lunar New Year holiday, which was in February this year. Nationwide passenger car sales fell 45.5% in February from January, according to the association.

Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Tesla has reportedly started delivering locally-produced Model Y crossovers in China, marking another milestone for the electric carmaker in the world's largest vehicle market. It's unclear how many Model Y vehicles were delivered or whether they were delivered to employees or to retail customers. China – the world's largest EV market – is critically important to Tesla and its growth plans. The company wants to increase its vehicle sales volume from about 500,000 in 2020 to 20 million annually over the next decade.

Tesla shares sank more than 5% Tuesday after CEO Elon Musk sought to manage expectations ahead of the electric carmaker's Battery Day presentation. Musk's company is expected to announce on Tuesday details about a new type of battery cell it has developed. "Important note about Tesla Battery Day unveil tomorrow," Musk tweeted, often his go-to for communications about the company. Musk said Tesla would increase battery cell purchases from suppliers Panasonic, LG and CATL but warned "we still foresee significant shortages in 2022 & beyond unless we also take action ourselves." Tesla shares fell over 6% in after-hours trading as a result Monday, after closing almost 2% higher at $449.39.

A Tesla Model 3 is seen in the general assembly line at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Tesla manufacturing director Jatinder "Jat" Dhillon recently left the company, according to two people who worked with him at the company's Fremont, California, car plant. According to his LinkedIn profile, Dhillon worked for Tesla for more than 7 years and most recently led Model 3 production in Fremont. During his tenure, Dhillon launched the company's in-house seat manufacturing operations at a facility a few miles south of the main car plant in Fremont. It was considered risky for a car maker to manufacture its own seats, including its own proprietary seat frames.

DETROIT As Tesla CEO Elon Musk showed off his dance moves Tuesday to celebrate the launch of the Model Y in China, no such festivities were likely occurring in Detroit. Shares of Tesla have roughly doubled in the last six months, giving the Silicon Valley automaker a market capitalization of roughly $84.5 billion about $2 billion shy of General Motors and Ford Motor, combined. That compares to GM at $35.15 per share with a market cap of roughly $50.2 billion and Ford at about $9.25 per share with a market cap of about $36.7 billion as of Tuesday night. "They caught their competition in the U.S. just dead flat-footed," Paul Holland, a general partner at Foundation Capital, said Tuesday regarding Tesla on CNBC's "Squawk Alley." "I don't think it's quite going to be the same in China but nonetheless, terrific day for Tesla and well-deserved because they've innovated with a product that many of us love."